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Environmental Site Assessment (ESA) Services
An Environmental Site Assessment (ESA) is a report prepared for a real estate holding which identifies potential or existing environmental contamination liabilities. The analysis typically addresses both the underlying land as well as physical improvements to the property. Contaminated sites are often referred to as `brownfield sites.`The Phase I ESA is generally considered the first step in the process of environmental due diligence. Standards for performing a Phase I ESA have been promulgated by the US EPA and are based in part on ASTM in Standard E1527-05. If a site is considered contaminated, a Phase II Environmental Site Assessment may be undertaken. This is the actual sampling of soil, air, groundwater and/or building materials present. ASTM E1903 is the standard used for this more detailed investigation. A Phase III ESA is the actual remediation design and cleanup of a contaminated site.
JLC has prepared hundreds of these ESA`s as part of property transfers and refinancing deals. Conducting the proper due diligence ensures a successful real estate transaction.
